Spring Budget Revision 2024-2025 guidance: finance update for FPAC
Background information provided to the Finance and Public Administration Committee (FPAC) to help with members' scrutiny of the Spring Budget Revision (SBR) 2024 to 2025.
Annex C - Financial Transactions Funding Envelope Breakdown
| FT (£m) | ABR Funding position | Changes at SBR | Funding position at SBR |
|---|---|---|---|
| Barnett Funding | 176.0 | (0.4) | 175.7 |
| Scotland Reserve | 0.7 | 3.5 | 4.2 |
| Other | (52.8) | - | (52.8) |
| Total FT Funding | 123.9 | 3.2 | 127.1 |
| Total FT Budgeted Spend | 149.4 | (18.5) | 131.0 |
| Overallocated Funding | (25.6) | 21.7 | (3.9) |